I think this is great for both the investing public and for quality advisors. As I see it, investors who understand the added value that top advisors provide Robo is a non issue.

Form those investors who do not, then Robo is perfect and they will soon find out that when the markets crash that their "robot" will fail to provide the human touch that is so important during these times especially. As such they will be coming over in droves to advisors once they realize their folly.